Company Profile

Kirby Corporation, headquartered in Houston, Texas, is the nation’s premier tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. coasts, and in Alaska and Hawaii for a blue chip customer base.

Kirby’s inland tank barge fleet represents approximately 22% of the U.S. inland tank barge capacity, transporting petrochemicals, black oil, refined petroleum products and agricultural products. Kirby’s inland fleet consists of 848 tank barges with 17.4 million barrels of capacity and 215 towboats. More about Kirby Inland Marine

Kirby’s coastal tank barge fleet, one of the youngest fleets in the U.S. coastal trade, transports refined petroleum products, petrochemicals and black oil along the East Coast, West Coast and Gulf Coast, as well as Alaska and Hawaii. Kirby’s coastal tank barge fleet consists of 67 tank barges with 6.2 million barrels of capacity and 70 tugboats. Kirby also operates five offshore dry-bulk cargo barges, five offshore tugboats and one docking tugboat engaged in the offshore transportation of dry-bulk cargoes.  More about Kirby Offshore Marine

Through Kirby’s diesel engine services segment, Kirby is the leading after market service provider for medium-speed and high-speed diesel engines, reduction gears and ancillary products for marine and power generation applications. Kirby also serves as a distributor and service provider for high-speed diesel engines, transmissions and pumps, and manufactures and remanufactures oilfield service equipment, including pressure pumping units, for the land-based oilfield service and oil and gas operator and producer markets.

Investor Presentations

November 2017 Roadshow

2016:  
November 2016 Roadshow
2015:
 December 2015 Roadshow
2014:  June 2014 Roadshow

Investor Relations Inquiries

For copies of the Annual Report or other general inquiries, please e-mail Investor.Relations@kirbycorp.com.
($ millions, except 
per share amounts
)
Third QuarterNine Months
20172016Increase/
(Decrease)
20172016Increase/
(Decrease)
Marine Revenues$318.8
$359.0($40.2)$993.7$1,115.7($122.0)
Dist & Services Revenues$222.5$75.7$146.8$512.6$219.3$293.3
Total Revenues$541.3$434.7$106.6$1,506.3$1,335.0$171.3
Operating Income$53.4$56.2($2.8)$146.4$188.4($42.0)
Net Earnings$28.6$32.0($3.4)$81.9$109.1($27.2)
EPS – diluted$0.52$0.59($0.07)$1.50$2.02($0.52)


Key operating performance measures
Reconciliation of GAAP net earnings attributable to Kirby to non-GAAP EBITDA

The largest product category for Kirby’s marine transportation businesses is petrochemicals and chemicals. This portion of the business is expected to benefit from growth in the United States domestic production of petrochemicals with the addition of new plants and expansion of additional plants. Look below for an updated map of petrochemical plant expansions occurring throughout the country.
Petchem Map Image

Download the PDF

The U.S. inland waterway system is comprised mainly of the Mississippi River and its tributaries and the Gulf Intracoastal Waterway (see map below) and is one of the busiest, cost-efficient, productive and safest transportation systems in the world. The inland waterway system comprises 12,000 miles of navigable interconnected rivers, canals and intracoastal waterways serving the U.S. as water highways.

The U.S. also benefits from the coastwise trade of bulk liquid and dry products to ports along the East Coast, Gulf Coast and West Coast, as well as in Alaska and Hawaii.

Data as of December 31, 2016

Inland Tank Barge Fleet

  • Petrochemicals and refined products 687
  • Black oil 120
  • Pressure 54
  • Anhydrous ammonia 10
  • Specialty 5
  • Total 876
  • Total Barrel Capacity 17.9MM

Inland Towboat Fleet

  • 800-1300 HP 71
  • 1400-1900 HP 72
  • 2000-2400 HP 56
  • 2500-3200 HP 18
  • 3300-4800 HP 10
  • 5000+ HP 1
  • Spot Charters 2
  • Total 230

Coastal Tank Barge Fleet

  • Refined products/petrochemicals 48
  • Black oil 21
  • Total 69
  • Total Barrel Capacity 6.2MM

Coastal Tugboat Fleet

  • 1000-1900 HP 8
  • 2000-2900 HP 6
  • 3000-3900 HP 17
  • 4000-4900 HP 19
  • 5000-6900 HP 13
  • 7000+ HP 12
  • Total 75

Offshore Dry-Bulk Cargo Fleet

  • Dry-bulk barge and tugboat units 6
  • Deadweight tonnage 111,000